The global electric ship market was valued at USD 7.98 billion in 2022 and is projected to grow significantly, reaching a value of USD 17.91 billion by 2030. This translates to a compound annual growth rate (CAGR) of 10.9% from 2023 to 2030. The industry is currently in the introductory phase, which indicates it is still emerging with vast untapped potential for expansion over the forecast...

The Asia Pacific Region is anticipated to witness tremendous growth According to Custom Market Insights (CMI), the Global Electric Ship Market size was valued at approximately USD 4.5 Billion in 2021 and is projected to reach nearly USD 16 Billion by 2030. The industry is expected to expand at a compound annual growth rate (CAGR) of around 15% during the forecast period 2022 to 2030....